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News
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
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LCG, October 10, 2023 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2024, based on the most likely weather, market, transmission, and generator conditions.
Read more
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Press Release
What can ERCOT expect in 2017? Two new studies published
LCG, February 27, 2017--Growth in ERCOT is an active area of research and debate for all Texas stakeholders. The region is undergoing unprecedented wind and solar development, billions of dollars in transmission upgrades, and the proposed integration with Lubbock Power & Light.
LCG Consulting has published two reports using its premiere grid modeling software, UPLAN, to model ERCOT in 2017 with 5-minute dispatch:
ERCOT 2017 Outlook Report. Outlines future operation of the ERCOT nodal market, including Locational Marginal Prices (LMPs), load zone prices, hub prices and expected congestion.
ERCOT Q1 Resource Adequacy Report. Investigates the operational implications of strained network conditions in the ERCOT market.
These two reports oversee generation mix, discuss whether prices will remain relatively low compared to past years, how different zones compare, and what kind of congestion and curtailment stakeholders can expect and where it can be expected.
For more in depth analysis, LCG can provide tailored datasets, such as individualized generator performance, hourly prices, and much more.
LCG performed these studies using 5-minute dispatch and the industry’s most sophisticated and long-standing electricity model, the UPLAN Network Power Model. LCG has been modeling energy systems for more than 30 years and continuously sustains the most up-to-date information on every detail of the Texas grid, from minor and major transmission upgrades to gas prices and weather patterns.
For more information on LCG’s products and services, contact Julie Chien at julie.chien@energyonline.com
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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